(HBO) – The Hoa Binh branch of the Bank for Investment and Development of Vietnam (BIDV) is one of the key banks in the province. With a widespread network of transaction points covering important localities like Hoa Binh city, and Luong Son and Cao Phong districts, BIDV Hoa Binh has contributed greatly to local socio-economic development.
Staff members of the BIDV Hoa Binh branch have stepped up credit
disbursement to support production and business activities of local
enterprises.
The branch has mobilized over 3 trillion VND
(132.1 million USD) of capital since the beginning of 2018, equivalent to 86
percent of this year’s target. Its credit provision has also grown as planned.
By the end of the first quarter, outstanding loans of BIDV Hoa Binh exceeded
3.26 trillion VND (143.6 million USD), up 0.07 percent from the end of 2017,
equal to 222.26 billion VND. Specifically, outstanding loans for businesses
exceeded 2 trillion VND (88.1 million USD) and for individual clients came to nearly
1.24 trillion VND (54.6 million USD). Meanwhile, medium- and long-term credit
was about 1.55 trillion VND (68.3 million USD), accounting for 46.1 percent of
total outstanding loans.
Aside from boosting credit growth, BIDV Hoa Binh
has also paid special attention to credit quality. Its bad debt, estimated at
32.14 billion VND (1.4 million USD), now accounts for only 0.95 percent of
total outstanding loans.
The branch’s services are assessed as relatively
good, bringing in net revenues of 3.79 billion VND (167,000 USD) in the first
quarter, including 1.21 billion VND (53,300 USD) from the guarantee service and
1.58 billion VND (69,600 USD) from payment service.
Meanwhile, activities pertaining to payment,
cash circulation, treasury and network development have also received due
attention from the branch.
BIDV Hoa Binh currently has five transaction
offices and 10 ATMs, including six machines in Hoa Binh city, three in Luong
Son district, and one in Cao Phong district.
The number of points of sale (POS) accepting
BIDV cards has been maintained at shopping centres. There are 20 such machines
in the province at present./.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.
